The new job involves the construction of a 1.23-km marine bridge connecting a receiving terminal to a man-made island, and a 284m long road embankment, and includes soil investigation, foundation, a temporary bridge and a working platform, together with environmental protection works, Gamuda announced in a stock exchange filing yesterday.
Sales picked up with launch of homeownership and financial packaging schemes.
It expects the talks to culminate in some deals that will be completed within the next two years.
Advancecon said this MoU is to express the desire to combine resources and expertise to pursue opportunities in relation to the ownership of solar photovoltaic system in respect of the solar project.
It stems from the winding-up order of one of its clients — TYL Land & Development Sdn Bhd.
The REIT expected the first issuance of perpetual notes to be undertaken by the second quarter of 2019.
SunCon said the first contract was related to the LRT3.
The developer attributed the wider quarterly loss to lower revenue generated across all the segments.
“This RM44.7 million contract represents Econpile’s second undertaking for an underground station for KVMRT2 project. The earlier-secured contract was for piling works for Kampung Baru North station,” said its group chief executive officer Raymond Pang.
Daibochi said the share-swap offer will remain open for acceptance up till 5pm on April 1.
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